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A summary of employee time records for September is as follows: a . Determine the amounts of factory labor costs transferred to Work in Process
A summary of employee time records for September is as follows:
a Determine the amounts of factory labor costs transferred to Work in Process and Factory Overhead for September.
Factory labor costs transferred to Work in Process
Factory labor costs transferred to Factory Overhead
b Illustrate the effect on the accounts and financial statements of the factory labor costs transferred in a
decreases and cash outflows as negative amounts.
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